Paul Manafort’s Wealth

$50 million is the estimated net worth of Paul Manafort

Biography of Paul Manafort

Paul John Manafort Jr. was born on 1 April 1949, in New Britain, Connecticut, USA. He is a lawyer, political consultant and lobbyist, acknowledged for his role as the campaign manager for President Donald Trump in 2016. He also worked as an advisor to Ronald Reagan and George H. W. Bush. His various endeavors have contributed to his current net worth.

As of early-2018, his net worth is estimated at $50 million, primarily amassed from a successful career in politics. However, his association with controversial foreign leaders has attracted federal agencies’ attention. Despite this, his wealth is anticipated to continue growing as he continues his pursuits.

Paul Manafort’s Net Worth – $50 million

Paul attended Georgetown University, studying Business Administration. Subsequently, he pursued a Juris Doctor degree from Georgetown University Law School in 1974. He initially practiced law for Voyrs, Sater, Seymour, and Pease before venturing into political coordination for various campaigns. His participation in politics notably contributed to the growth of his net worth.

Manafort also engaged in political lobbying, eventually becoming a partner of the firm Black, Manafort & Stone. During his tenure, he secured significant contracts with various international figures, including the Angolan rebel group UNITA’s leader, Jonas Savimbi. Additionally, he lobbied for leaders of countries such as the Philippines, Kenya, Dominican Republic, and Equatorial Guinea. His involvement in these activities, as well as his association with the Pakistani Inter-Service Intelligence Agency, stirred controversy. He continued his political involvement, particularly in Russian politics, supporting the pro-Russian Ukrainian presidential campaign of Viktor Yanukovych.

In 2016, Manafort began working with Donald Trump for his presidential campaign, and swiftly rose to the position of campaign manager. However, his ties to Yanukovych stirred media and federal attention, with reports of potential illegal financial transactions with the former president. Consequently, he resigned from his role as campaign chairman and chief strategist for Trump. In 2017, Manafort surrendered to the FBI due to his alleged involvement in the possible collusion of Russia in Trump’s campaign. He faced charges of conspiracy against the US, conspiracy to launder money, and failure to disclose financial accounts, to which he pleaded not guilty. Subsequently, he filed a lawsuit challenging Robert Mueller’s investigation.

On the personal front, Paul Manafort married Kathleen Bond in 1978. She is also a lawyer and an alumnus of George Washington University. The couple has two daughters, one of whom is a film director and the other, a lawyer.



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